What is loan insurance?
Sarita had been working as a BPO professional for 3 years and wanted to get a home loan for a home that was coming up on the new Expressway. She got the loan quite easily. But last year, she was made redundant since the BPO operations that she was working for unexpectantly shut shop in India and moved to China. After 6 months she was unable to make payments and lost the home.
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